PPI final demand index up 1.6 percent in 2016

January 18, 2017

The Producer Price Index for final demand climbed 1.6 percent in 2016, after falling 1.1 percent in 2015. The decrease in 2015 is the only December-to-December decline in the final demand index over the 2010–2016 period.

Twelve-month percent changes in December, selected PPI final demand price indexes, 2010–2016, not seasonally adjusted
Year Final demand Final demand goods Final demand services

2010

2.8 4.7 1.7

2011

3.2 4.7 2.3

2012

1.9 1.4 2.2

2013

1.2 0.8 1.3

2014

0.9 -1.2 2.1

2015

-1.1 -3.8 0.2

2016

1.6 1.9 1.5

Note: Data for the most recent year are preliminary.

The PPI for final demand goods increased 1.9 percent in 2016, after decreasing of 3.8 percent in 2015 and 1.2 percent in 2014.

The index for final demand services increased 1.5 percent in 2016, after an increase of 0.2 percent in 2015. The final demand services index has increased every year over the 2010–2016 period.

In 2016, the index for final demand less foods, energy, and trade services (not shown on the chart) increased 1.7 percent, following a 0.3-percent increase in 2015.

These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see “Producer Price Indexes — December 2016” (HTML) (PDF). Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. All producer prices are subject to revision once, 4 months after original publication. Also see Charts related to the latest "U.S. Producer Price Indexes" news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, PPI final demand index up 1.6 percent in 2016 on the Internet at https://www.bls.gov/opub/ted/2017/ppi-final-demand-index-up-1-point-6-percent-in-2016.htm (visited September 19, 2019).

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